Kazakhstan: Carob Market 2023

Carob Market Size in Kazakhstan

The Kazakh carob market skyrocketed to $X in 2022, increasing by 91% against the previous year. Overall, consumption saw significant growth. Over the period under review, the market reached the maximum level in 2022 and is likely to see gradual growth in years to come.

Carob Production in Kazakhstan

In value terms, carob production totaled less than $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume decreased by 99.9%. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

The average yield of carob in Kazakhstan amounted to less than X kg per ha in 2022, approximately equating the year before. In general, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of carob production in Kazakhstan totaled less than X ha, remaining stable against the previous year's figure. Overall, the harvested area continues to indicate a relatively flat trend pattern.

Carob Exports

Exports from Kazakhstan

In 2021, the amount of carob exported from Kazakhstan surged to X tons, growing by 5,733% against 2020 figures. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, carob exports soared to $X in 2021. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for carob exports from Kazakhstan, accounting for a approx. 100% share of total exports.

From 2020 to 2021, the average annual rate of growth in terms of volume to Russia amounted to +5,733.3%.

In value terms, Russia ($X) also remains the key foreign market for carob exports from Kazakhstan.

From 2020 to 2021, the average annual growth rate of value to Russia amounted to +2,426.9%.

Export Prices by Country

In 2021, the average carob export price amounted to $X per ton, dropping by -56.7% against the previous year. Over the period under review, the export price saw a precipitous descent. Over the period under review, the average export prices hit record highs at $X per ton in 2020, and then plummeted in the following year.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2020 to 2021, the rate of growth in terms of prices for Russia amounted to -56.7% per year.

Carob Imports

Imports into Kazakhstan

In 2022, overseas purchases of carob decreased by -33.5% to X kg, falling for the third year in a row after eight years of growth. In general, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of 1,343%. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, carob imports contracted markedly to $X in 2022. Over the period under review, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of 1,110% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Russia (X kg) was the main carob supplier to Kazakhstan, with a 98% share of total imports. It was followed by Belarus (X kg), with a 2% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia amounted to +54.0%.

In value terms, Russia ($X) constituted the largest supplier of carob to Kazakhstan, comprising 98% of total imports. The second position in the ranking was held by Belarus ($X), with a 2% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia totaled +39.2%.

Import Prices by Country

The average carob import price stood at $X per ton in 2022, which is down by -3.7% against the previous year. Overall, the import price saw a abrupt downturn. The pace of growth was the most pronounced in 2019 an increase of 62% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belarus ($X per ton), while the price for Russia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-9.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :